Herlitz Inventory Management

MARCH 24, 2022

If ever there was a time to take advantage of forward buying, this is it! Knowing that forward buying is important is only step one. To do so effectively, you need to first understand how much extra to buy. How Much Extra Inventory Should You Buy? Now imagine you bought 90 days of inventory before a 9% price increase.

Pricing Training 52

Pricing Training Eliminating Excel in Purchasing Purchasing Training Vendor Strategies 52

Logistics Viewpoints

JUNE 1, 2023

The Russian invasion of Ukraine and the following economic sanctions spiked energy prices and created new sourcing challenges for certain agricultural products and raw materials. This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Logistics Viewpoints

JANUARY 12, 2024

Amazon shipped last-minute Christmas gifts faster in 2023 than in 2022, according to data from analyst firm Momentum Commerce. between December 15th and December 25th, Momentum Commerce found that the share of products with an “Arrives after Christmas” tag in Amazon’s Buy Box in 2023 was 10.2 And now on to this week’s logistics news.

Logistics Network Optimization Software 257

Logistics Network Optimization Software Price Reduction Inventory Reduction Resource Reduction 257

ShipBob

OCTOBER 8, 2021

And, with the growth of ecommerce, customers are buying unique luxury or everyday perfumes online at more affordable prices than ever before — while also still expecting fast shipping. . The different types of perfumes that shipped regularly include . Tips for packaging perfume to keep safe when shipping.

Shipping 52

Shipping Pricing Training Negotiating Skills Material Savings 52

Logistics Viewpoints

JULY 27, 2021

As driver pay increases, so does the incidence of drivers jumping ship, switching companies for the next best payday. What’s more, bots don’t require paychecks, benefits, vacations, training or other workforce overhead. Knowing the details will equip you to either negotiate or hold tight based on facts. Curiouser and Curiouser.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 246

Enterra Insights

NOVEMBER 20, 2018

The rise of e-commerce and the consumer digital path to purchase has been a nightmare for some retailers from which they can’t awake. consumers plan to do at least 40% of their shopping from D2C companies in the next five years, and 81% say they’ll make at least one purchase from a D2C brand within the next five years.”

Pricing Training 100

Pricing Training Purchasing Training Procurement Analytics Modeling 100

Unleashed

APRIL 21, 2024

It’s the journey that order takes from the second they click ‘Buy’ to the moment all the goods are delivered to your customer’s doorstep. Once confirmed, the ordered items are picked from your inventory, sorted, packed, and shipped to the customer. Shipping: The order is handed over to a delivery service.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

Freightos

JANUARY 12, 2017

International Air Freight Shipping: Definition. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo. As a matter of fact, the largest cargo airplane , the Anatov 225 – can hold an entire train.

Purchasing Skills 120

Purchasing Skills Pricing Training Price Reduction Freight 120

Logistics Viewpoints

FEBRUARY 18, 2022

This year, with the LA Rams being Super Bowl champs, Good360 said it will ship thousands of “unsellable” Bengals-branded hats, T-shirts, hoodies, sweatshirts, COVID-19 masks, and scarves to struggling people in Africa, Asia, Eastern Europe and the Middle East. New wave of contracts will lock in much higher shipping rates.

Logistics Network Optimization Software 201

Logistics Network Optimization Software Pricing Training Indiana Logistics 201

Freightos

AUGUST 28, 2018

Long before there were trucks, trains, and planes, there were ships. Ships transformed travel and warfare, enabling humans to see beyond their villages and into the world. As the oldest mode of global transportation, shipping has a history of tradition and aversion to change. This article originally appeared on JOC.com.

Pricing Training 120

Pricing Training Negotiating Skills Purchasing Training United States 120

RFgen

APRIL 12, 2024

To start with, inventory costs go beyond the initial purchase price of goods. Hidden costs may accumulate after purchase if not meticulously monitored and managed. Even the initial purchase of inventory triggers a cascade of additional expenses, like shipping, handling, taxes, and so on.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Adequate cross training is not occurring fast enough to fill the gap. Charged with this critical task, the purchasing department can leverage its Material Requirements Plan (MRP) to stay abreast of what’s needed, how much and when. One of the key drivers is the aging workforce leaving for retirement. Changing consumer attitudes:?

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

Logistics Viewpoints

MAY 23, 2022

These disruptions have driven up prices and led to shortages of goods. The world’s fleet consists of approximately 6,000 ships. These ships carried nearly 150 million twenty-foot equivalent units (TEUs) of containers last year. At the end of April, over 500 ships were awaiting berthing space at Chinese docks.

Rail Software 216

Rail Software Supply Chain Visibility Real-time Visibility Supply Chain Planning Software 216

Talking Logistics

OCTOBER 28, 2014

According to the American Trucking Association, this is happening in an industry that already faced an average annual driver turnover rate of 99% in 2013, as well as hiring and training costs that range from $3,500 to $5,000 per driver, depending on experience. Understand the full range of shipping alternatives your carriers can offer.

Expense Reduction 197

Expense Reduction Cost Reduction Strategies Price Reduction Capacity 197

TransAudit

NOVEMBER 9, 2022

Understanding the impact of international conflict on supply chains won’t settle global disputes, but it can empower you to make time- and money-saving adjustments to your shipping procedures. Many nations are dependent on other parts of the world for the fuel to power their ships, trucks and planes. Fuel Costs. Political Decisions.

Negotiating Skills 86

Negotiating Skills Pricing Training Supply Chain Planning Manufacturing Procurement 86

Freightos

JANUARY 8, 2019

It won’t be good for many industry players if we don’t work together to build a modern shipping experience with the end user at heart first on our own. Kuehne+Nagel was one of the first big freight forwarders to have price quotes and self-service directly on their homepage. Hapag-Lloyd is also important to name.

Freight 150

Freight Pricing Training Negotiating Skills Purchasing Training 150

GlobalTranz

APRIL 26, 2016

The Freightos System is SaaS for freight contract management, automatic price quotations, and business intelligence. There are two ways to view the History of Shipping Containers. Below, you can also view the history of shipping containers in one infographic. Malcom McLean and the History of Shipping Containers.

Shipping 120

Shipping Logistics Network Optimization Software Supply Chain Design Software Modeling Software 120

Kinaxis

JUNE 19, 2017

Order fulfillment channels are becoming more complex as the possible combinations for purchase and returns explode. Buy online, pickup in store, return via postal service. Buy online, ship direct to consumer, return to brick and mortar store. Buy via mobile, ship to a third party location (like work or a hotel).

Gartner 269

Gartner Supply Chain Design Software Resource Reduction Pricing Training 269

DELMIA Quintiq

JUNE 20, 2016

The world of container shipping is going through a prolonged period of instability due to oversupply of new ships entering service. Falling container shipping rates created a windfall for shippers and brought tears to shipping lines and ports. As in retail, shipping faces imbalance between supply and demand.

Big Data 120

Big Data Shipping Data Supply Chain Planning Software 120

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Do you transport your products to your customers on the other side of the world in a container ship? Well, how much carbon did the ship emit in the course of the move? If you purchased trucks for your shipping fleet, how much carbon was emitted in making those vehicles? Are Ocean Freight Prices Absolutely Broken?

Vendor Strategies 246

Vendor Strategies Purchasing Skills Pricing Training Optimal Sourcing 246

The Logistics of Logistics

APRIL 16, 2014

Best Pick and Pack Shipping Systems for 2014. With software plugged into your warehouse management system, picking and shipping orders has become a lot more accurate. Chirag Patel from Fairway Fulfillment & Logistics explores three popular pick and pack shipping systems in 2014. Less time spent on training workers.

Logistics Network Optimization Software 165

Logistics Network Optimization Software System Shipping Supply Chain Software 165

The Logistics & Supply Chain Management Society

JANUARY 13, 2021

Governments have spent considerable time, effort and political capital negotiating such agreements. Although somewhat simplistic, that is not necessarily a bad way to think about FTAs, at least for companies that ship goods across borders. It is not immediately evident why this is so. What might businesses want to consider?

Pricing Training 245

Pricing Training Negotiating Skills Purchasing Training Optimal Sourcing 245

Talking Logistics

OCTOBER 29, 2013

You could answer them with a purchase order (P.O.) You write an RFQ, screen candidates, create a short list, select the provider, and negotiate service requirements and a cost structure. Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. Commit to systems and process training. Why is it late?

Pricing Training 142

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 142

GlobalTranz

DECEMBER 21, 2020

Many LTL industry trends, such as capacity constraints , rising rates, and changing consumer buying patterns, will continue through 2021. Increase in LTL Shipping Rates. Shippers should expect the price increases from Q4 2020 to continue into Q1 2021. What’s behind the anticipated LTL shipping rate increases?

Trends 156

Trends Logistics Network Optimization Software Industrial Industry 156

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. Shipping and logistics: Selecting the appropriate shipping method, arranging transport, and coordinating with couriers for delivery.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Logistics Viewpoints

SEPTEMBER 1, 2023

And when I think of going back to school, I think of a rite of passage that most kids enjoyed: watching the Price is Right on a sick day. Earlier this week, longtime host of the Price is Right, Bob Barker, passed away at the age of 99. Those negotiations resulted in a tentative agreement that is now undergoing a ratification vote.

Logistics Network Optimization Software 223

Logistics Network Optimization Software Pricing Training Los Angeles Purchasing Training 223

Precoro

MAY 27, 2021

It can either make you a company's superhero or add extra headaches and purchasing risks because poor supplier management leads to the following problems: Missed saving opportunities and not enough leverage in negotiating with new suppliers. Anticipate and react to market volatility and price changes. Segment your suppliers.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Unleashed

FEBRUARY 8, 2023

They say, ‘For this production, we can do it at this unit price. But from next month, our pricing is going up.’” “It was forcing our smaller clients to place much larger orders because they don’t want to deal with a new price.” She explains that proper training around new software systems will reduce employee anxiety.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 98

ModusLink Corporation

NOVEMBER 23, 2022

With the rising popularity of online ordering, the need for reliable digital shipping logistics and services is more vital than ever. Shippers and BCOs for an e-commerce platform must account for the timelines of shipping services, especially international shipping. There is no better time to do this than during peak season.

Distribution 78

Distribution Supply Chain Planning Software Warehousing Logistics Network Optimization Software 78

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. The traditional sales rep approach is no longer what buyers are spending most of their time on when it comes to making purchases.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Intelligent Audit

OCTOBER 12, 2022

The shipping industry plays a significant part in this equation, as carbon emissions from shipping make up a substantial portion of the problem. Also, shipping is connected to every industry that sells goods or products. Shipping Emissions Statistics & The Impact Carbon Emissions from Shipping Have on the Climate.

Waste Reduction 52

Waste Reduction Resource Reduction Price Reduction Cost Reduction Strategies 52

Freight Plus

SEPTEMBER 20, 2018

Beyond just cost, they require operational know how and departmental structure to support them (IT, training, etc.) If you're shipping with trucks, you're crazy to not have a good TMS.". Scale & Negotiation. How often are shippers negotiating their own rates and with which carriers? Consulting Logistics. "If

Negotiating Skills 40

Negotiating Skills Pricing Training Transportation Management Purchasing Training 40

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail. It enables companies to understand their suppliers.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

DELMIA Quintiq

AUGUST 31, 2022

Leading companies strive to have the right product in the right place at the right time for the right price with the right margin. Without an effective supply chain plan, manufactures cannot make accurate and timely decisions on what to buy, what to make, what to move, what to stock, when to launch and when to discontinue.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 156

Logistics Viewpoints

DECEMBER 16, 2022

The legislation would give the Treasury Department’s Federal Financing Bank $20 billion to be invested over the course of 10 years to take action on the recommendations using loan guarantees, issuing securities-backed financing or purchasing debt. As a result, Amazon said Friday that it has a plan to kill the barcode. FedEx Corp.

Logistics Network Optimization Software 199

Logistics Network Optimization Software Costa Rica Logistics Forecasting 199

ShipBob

SEPTEMBER 25, 2023

The rest of this article provides general information on shipping CBD products. The CBD market is booming in 2023 There’s no doubt about it, consumers are getting on the CBD train. You’ll also want to get a resale license if you plan to purchase your CBD product from wholesalers. Products contain <0.3% What is CBD?

How To 98

How To Demand Planning Software Supply Chain Planning Software Analytics Software 98

AFFLINK

MARCH 10, 2016

Compliance with national and international regulations affects everything from employee training to transportation decisions. Group Purchasing Organizations (GPO). A GPO is a coalition of companies that combine their purchasing volumes to negotiate better prices and share cost savings. Regulatory Compliance.

Pricing Training 74

Pricing Training Supply Chain Software Procurement Solutions Negotiating Skills 74